Solana Price Prediction as Triangle Breakout Sets $360 Target

Solana Institutional Inflows Highlight Market Confidence

Solana price chart points to a clear breakout from an ascending triangle. The asset had been rejected several times in recent months, before the breakout occurred above $205.79. 

At the time of reporting SOL price has moved out of the last resistance of $238 with a good margin of bullish continuation. This structure is underpinned by an increase in the lows on the rising trendline, which have been created since April 2025.  

The breakout signals fresh momentum and prepares the market for short-term gains.

Moreover, Ali plotted the rising trend with the help of Fibonacci levels. At 1.414, 1.272, the extension is at $277.22 and $250.29, respectively. Other goals were 1.786 extension at $362.32 and 1.618 at $321.06. These are significant turning points that sellers may present themselves before emerging legs pick up.

Besides, the value of Solana might test the level of about $250, and then proceed with the increase, as the dotted forecast line suggests. A continued rise over $250 would likely accelerate the progress toward $277 and $321. The overall trend is favorable to rising prices, despite the fact that there may be temporary backslides.

Momentum indicators on the chart align with the bullish case. RSI trends remain higher after bouncing from neutral, and MACD continues to expand positively. Moreover, AO turned green following weeks of consolidation with the new strength of demand. 

Short-term resistance is noted to be at the level of $250, and the breakout level is at $205, which is a strong support. As such, so long as Solana price stays above $205, the bullish scenario will hold.

Institutional Accumulation Fuels Solana Price Outlook Toward $360

On-chain flows indicate institutional demand charts. As reported by Lookchain, Galaxy Digital deposited large sums of money in Fireblocks custodial wallets. The sales amounting to 5,953 SOL ($1.43M) to 115,000 SOL ($27.69M) included Coinbase, Binance, Kraken, Bitstamp, Gemini, and Bybit.

Rather than representing dispersed retail activity, these flows show accumulation at scale. In a single week, Galaxy Digital reportedly acquired assets valued at over $1.19 billion. This is in line with the overall success of the sector, given that layer-one networks still attract affluent investors.

Institutional conviction is usually a long-term kind of confidence. With Galaxy Digital positioned for upcoming adoption cycles, the steady accumulation points to a holding strategy. 

In addition, transferring tokens to custody is an indication of future market growth and security. These dynamics support a positive narrative on integrations, staking, and liquidity. The network continues to grow in popularity among developers and protocols as well, expanding its use cases to DeFi, NFTs, and tokenization of real-world objects.

More so, if bullish momentum continues, the current situation suggests sustained gains. According to analysts, Solana price could rally to $277, $321, and $362 next. The inability to stay above $205 may reopen the level around $180, and this is also one of the downside worries.  

Thus, even when institutional flows and momentum encourage additional gains, prudence is crucial. The mid-term trend toward $360 becomes more likely if Solana price gains strength above $250.